SPX intraday update (Part 2)

Friday, September 18, 2009


Possible expanded triangle.

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SPX intraday update (Part 1)


My options for your consideration

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DAX intraday update (Part 1)


For short term the waves are not clear if wave iv already finished but very soon maybe DAX will have some pullback to complete wave d of this large wedge of wave Y (big picture).
You can see this count in SPX big picture charts on:
http://1.bp.blogspot.com/_XX1K8deKkBE/SrErrERxDXI/AAAAAAAAB80/qK0VOzW-1io/s1600-h/spx.jpg
http://4.bp.blogspot.com/_XX1K8deKkBE/SrEuMKMUYpI/AAAAAAAAB88/Dok--ECzlvI/s1600-h/spx.jpg

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SPX dialy update


Still have some doubts if wave iii finished. However if tomorrow we have another choppy session the odds suggest this count is correct. Now is better wait and see outside.

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